If you want to join the sensation of non-fungible tokens and make money using your original NFTs, this app will help you achieve it from your iPhone or iPad.
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4 min read
This article was translated using AI technologies from our Spanish edition. Errors can occur as a result of this process.
As cryptocurrencies grow in popularity and capitalization, we mustn't underestimate the NFTs, the new crypto sensation. Non-fungible tokens have become fashionable because they can be sold for astronomical amounts.
The good news is you don't have to be an artist, programmer, or celebrity to make money making your own NFTs. The new S! You can use the NG app, currently only available in the Apple App Store, to create and sell these new digital assets.
Image via AppStore.
An NFT or non-fungible token is the token of ownership of a unique digital asset such as pictures, video clips or tweets that is stored on the blockchain. NFTs can be bought and sold, but are not interchangeable, like cryptocurrencies and other utility or network tokens that are inherently fungible.
The main use case is digital works of art that have been sold on blockchains for millions of dollars for Ethereum, a native currency of the crypto world.
Of course, there are many NFTs that have nothing to do with digital art that are sold in this market. Such is the case with the first tweet from Jack Dorsey, CEO of Twitter, which reached a price of $ 2.9 million at auction. There's also the iconic floating cat GIF, 'Nyan Cat', which auctioned for $ 590,000 last February.
So you can create your own NFT from your phone or tablet
It doesn't matter if you're an artist or barely able to draw, and you don't have to be a celebrity to generate and sell non-fungible tokens. If you have an iPhone or iPad and an internet connection, you can start creating digital assets right away.
The S! The NG application (free by the way) is used to make NFTs themselves, store them and sell them soon. In addition, it acts as a wallet for Ethereum, the main cryptocurrency used in NFT transactions.
After you have downloaded the app and opened a user account, all you have to do is upload a file as the basis for your project, e.g. B. an image, video or audio. The app can be used for custom creation, but you can also rely on employees.
As they explain on their website, S! NG turns it into an NFT that you can share or sell. You can also keep them in your digital wallet and wait for a good buyer willing to pay for them.
Although the app doesn't have the buy and sell functionality yet, it will be integrated with the OpenSea API, NFT's largest market, in the coming weeks so you can sell your non-fungible tokens or buy digital material from other developers.
Given the sheer amount of absurd digital assets sold in the NFT market (like the meme "Bad Luck Brian" that sold for $ 36,000), you won't lose anything if you try.